Planning For 5 Year Benefits

This last week I have been checking out the latest and greatest advances in building technology. I have considered cladding, heating, joinery, internal floor systems, kitchen appliances – you name it, I have looked at it.

As this leaky house repair project is an investment one should never have to make – it is not something that is budgeted for, so there is a strong urge to make it as cheap as possible, with a few touches of luxury. However, cheap can be bad value, in almost any investment.

In considering the products you use to repair or rebuild your leaky home you need to look the return on investment. As most of us cannot with any certainty know where our lives will be in 5 years time, I have adopted a 5 year payback policy. One overriding proviso is that the investment is known to make it easier to sell a house and one typically gets a greater than 1:1 return on the investment at the time of sale.

Simply put, since it is not expected that I own this house for any more than another few years – anything that I can claw back within 5 years is a great investment.

This has lead me to consider a number of sustainable products that are both energy efficient and reduce the need for maintenance. I will cover each of these in future blogs.

Learn more about risk mitigation of effective design and planning

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